GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a flat opening on Tuesday. Here are the top things to know before the market opens. GIFT Nifty traded up by just 14 points or 0.07% at 21,409, indicating a flat opening for domestic indices NSE Nifty 50 and BSE […]
GTRI says 51.5% agri exports from just 5 products makes sector vulnerable to global prices, demand
India’s agri export basket is dependent on just five commodities including rice and sugar and this makes the sector vulnerable to fluctuations in global prices and demand, a report by economic think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said these five products — basmati rice, non-basmati rice, sugar, spices, and [&h
Crude set to see price shift despite decline on weak global sentiment
By Bhavik Patel Sentiment has shifted in Crude from positive to negative as we have seen decline in both WTI and Brent by almost $10. However, according to Saudi Arabia, it’s oil speculators that are behind the most recent drop in global crude oil prices and not fall in demand. This was the same rant […]
Diwali Special: Indian stock markets shine with impressive gains in past one year
Indian stock markets have a reason to celebrate this Diwali with indices surging over 6%. From Diwali 2022 to Diwali 2023, both the Nifty and Sensex have witnessed substantial gains, reflecting the resilience and growth of the Indian economy. The National Stock Exchange’s benchmark index, Nifty 50, has climbed an impressive 7% during the past [&hel
Will Nifty breach 19500 or fall further? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded at 19,729.5 up 229 points or 1.17%, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. The Indian equity market remained closed on Tuesday during Diwali Balipratipada. Previously, on Monday, the NSE Nifty 50 dropped 82 points or 0.42% to settle at 19,443.55, while the BSE […]
IOC, GAIL fined for second straight quarter for failing to meet listing norms
State-owned oil and gas giants including IndianOil and GAIL (India) Ltd have been slapped with fines for the second quarter in a row for failing to meet listing requirements of having the requisite number of independent directors on board. Stock exchanges have fined oil refining and fuel marketing giant Indian Oil Corporation (IOC), explorers Oil [
Will global cues and local dynamics help Nifty scale above 19850? 9 things to know before share market opens
GIFT Nifty traded up 34 points or 0.17% at 19,869, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Friday, the NSE Nifty 50 slipped 7.30 points or 0.04% to settle at 19,790.55, while the BSE Sensex dropped 47.77 points or 0.07% to 65,970.04. “Nifty closed in […]
Departure of grounded Romanian plane with Indian passengers from French airport delayed: Reports
The departure of a Romanian aircraft carrying nearly 300 passengers, mostly Indians, to Mumbai was delayed on Monday as some of them did not want to return to their country of origin, media reports said on Monday, three days after being grounded by the French authorities at an airport near Paris over suspected “human trafficking.” […]
Indian hospitality expects robust growth in 2024
The Indian hotel industry is gearing up for a robust fiscal year in 2024, with various segments poised to drive demand, according to key stakeholders in the Indian hospitality sector. Notable contributors to this growth are expected to be experiential travel, the domestic market, and corporate travel, marking a positive outlook for the New Year. [&
QIB, HNI interest keeps IPO market buzzing
Investor interest in the ongoing initial public offering (IPOs) is showing no sign of cooling down, with both Tata Tech and the Indian Renewable Energy Development Agency (IREDA) garnering massive subscriptions. IREDA closed its IPO with a massive 38.8x subscription, spurred by a 104.57x booking in the qualified institutional buyer (QIB) portion. T